(Reuters) – Tesla (NASDAQ:) shareholder resolutions on Chief Govt Elon Musk’s pay bundle and its transfer to shift authorized headquarters to Texas are presently passing by vast margins, Musk mentioned in a publish on social media platform X on Wednesday.
Shareholders of electric-car maker Tesla are voting on a proposal to ratify CEO Musk’s 2018 incentive bundle, valued at as much as $56 billion on the time. The consequence can be introduced at a gathering on June 13.
An individual accustomed to the preliminary tally, mentioned Musk was appropriate on each counts.
Tesla shareholders will even vote on different proposals together with the transfer of Tesla’s authorized headquarters from Delaware to Texas, in addition to the re-election of two board members: Musk’s brother Kimbal Musk, and James Murdoch.
Musk referred to the resolutions on his pay bundle and the transfer to Delaware in his tweet, thanking shareholders for his or her help.